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Yamana Gold Inc.YRI.TODON'T BUYMar 05, 2018Stock price when the opinion was issued
As of Apr 03, 2023. Market Open.
They basically broke up the company to have the marginal Brazilian assets in Equinox. They sorted out their balance sheet.
They built up quite a bit of a debt burden. They have good assets but the assets are mature. 8 times cash flow but he sees it getting worse. It is fair and fully valued and then some. No one would want to acquire the assets.